MF Global India: Remain 'Financially Strong'

By

Khushita Vasant

Updated Nov. 1, 2011 6:57 a.m. ET

MUMBAI -- Brokerage MF Global Sify Securities India Pvt. Ltd. Tuesday said its operations haven't been hurt despite its U.S. parent filing for bankruptcy protection, and that the local company remains "financially strong and robust".

"There are no linkages with the international business and all clients' monies are safe. We have excess funds with the exchanges in India that we are members of," said Vineet...